economic conditions: Economic Conditions for the Las Vegas Valley April 2012 (includes Henderson & North Las Vegas)
- 04/10/12 02:00 AM
Foreclosure/Short Sale Listings (3/15/2012): Total Listings 7259; Short Sales: 2965, 41% of all listings; Bank Owned Listings: 1235, 17% of all listings. Short sale and REO listings consume 58% of total listings New Home Sales (January 2012, units sold): 216 Year Change -3.6% (excl condo conversions, highrises) New Home Sales (January 2012, median price): $207,000 Year Change -0.2% (excl condo conversions, highrises) Existing Home Sales (February 2012, units sold): 3639 Year Change +25.0% Existing Home Sales (January 2012, median price): $108,000 Year Change: -9.2% New Home Permits (January 2012): 317 Year Change -45.2% Rental Rate (MLS Monthly … (2 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley March 2012 (includes Henderson & North Las Vegas)
- 03/10/12 01:41 AM
Foreclosure/Short Sale Listings (2/15/2012): Total Listings 9180; Short Sales: 4156, 45% of all listings; Bank Owned Listings: 1703, 19% of all listings. Short sale and REO listings consume 64% of total listings New Home Sales (January 2012, units sold): 216 Year Change -3.6% (excl condo conversions, highrises) New Home Sales (January 2012, median price): $207,000 Year Change -0.2% (excl condo conversions, highrises) Existing Home Sales (January 2012, units sold): 3483 Year Change +25.0% Existing Home Sales (January 2012, median price): $108,000 Year Change: -9.2% New Home Permits (January 2012): 317 Year Change -45.2% Rental Rate (MLS Monthly … (6 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley (includes Henderson & North Las Vegas)
- 06/03/11 01:55 PM
Foreclosure/Short Sale Listings (5/15/2011): Total Listings 14096; Short Sales: 6660, 47% of all listings; Bank Owned Listings: 3077, 22% of all listings. Short sale and REO listings consume 69% of total listings New Home Sales (April 2011, units sold): 250 Year Change -37.0% (excl condo conversions, highrises) New Home Sales (April 2011, median price): $188,450 Year Change -3.3% (excl condo conversions, highrises) Existing Home Sales (April 2011, units sold): 3790 Year Change +3.4% Existing Home Sales (April 2011, median price): $111,200 Year Change: -13.1% New Home Permits (April 2011): 323 Year Change -32.8% Rental Rate (MLS Monthly … (11 comments)
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economic conditions: Rilly? Las Vegas Home Prices Are Declining AGAIN! (snap!)
- 05/06/11 02:13 AM
Once again this very odd market defies the law of supply & demand. We have very low supply (homes for sale) on the market and we have been that way for several years. We have a very high demand (buyers purchasing homes) and we have been that way for several years.
Of course the flood of REO (bank owned, foreclosure homes) coming on the market is never ending (so it seems.) ……..And we don’t lack the buyers (especially cash buyers) waiting to snatch them up when they hit the market.
So what exactly is CAUSING this anomaly? Here is my guess……..opionion……….whatever you wanna call it!
Cash buyers … (21 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley (includes Henderson & North Las Vegas
- 02/07/11 02:19 AM
Last Month's Report on Las Vegas Valley Economic Conditions Housing Conditions:
Foreclosure/Short Sale Listings (1/15/2011): Total Listings 15409; Short Sales: 7724, 50% of all listings; Bank Owned Listings: 3368, 22% of all listings. Short sale and REO listings consume 72% of total listings New Home Sales (December 2010, units sold): 347 Year Change -27.3% (excl condo conversions, highrises) New Home Sales (December 2010, median price): $216,225 Year Change -0.3% (excl condo conversions, highrises) Existing Home Sales (December 2010, units sold): 3856 Year Change -11.8% Existing Home Sales (December 2010, median price): $119,000 Year Change: -3.3% New Home … (10 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley July 2008
- 07/25/08 07:48 AM
Economic Conditions for the Las Vegas Valley June 2008
Housing Conditions:
Foreclosure/Short Sale Listings (7/25/2008): Total Listings 20,918; Short Sales: 6087, 29% of all listings; Bank Owned Listings: 4928, 23% of all listings. Short sale and REO listings consume 53% of total listings New Home Sales (June 2008, units sold): 777 Year Change -44.7% (excl condo conversions, highrises) New Home Sales (June 2008, median price): $258,990 Year Change -17.6% (excl condo conversions, highrises) Existing Home Sales (June 2008, units sold): 2731 Year Change +12.8% Existing Home Sales (June 2008, median price): $218000 Year Change: -22.1% New Home Permits (June 2008): 884 Year Change -34.4% … (0 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley May 2008
- 06/12/08 11:31 AM
Economic Conditions for the Las Vegas Valley April 2008
Housing Conditions:
Foreclosure/Short Sale Listings (6/12/2008): Total Listings 20,675; Short Sales: 5576, 27% of all listings; Bank Owned Listings: 4287, 21% of all listings. Short sale and REO listings consume 47.7% of total listings New Home Sales (April 2008, units sold): 749 Year Change -35.5% (excl condo conversions, highrises) New Home Sales (April 2008, median price): $255,615 Year Change -18.3% (excl condo conversions, highrises) Existing Home Sales (April 2008, units sold): 2247 Year Change -4.5% Existing Home Sales (April 2008, median price): $230,000 Year Change: -19.3% New Home Permits (April 2008): 711 Year Change -60.6% … (2 comments)
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economic conditions: Las Vegas, NV Valley Economic Conditions March 2008
- 03/31/08 04:13 AM
Economic Conditions for the Las Vegas Valley February 2008
Housing Conditions:
Foreclosure/Short Sale Listings (3/31/2008): Total Listings 22,502; Short Sales: 5138, 22% of all listings; Bank Owned Listings: 2175, 9.6% of all listings. New Home Sales (February 2008, units sold): 786 Year Change -31.2% (excl condo conversions, highrises) New Home Sales (February 2008, median price): $273,000 Year Change -17.3% (excl condo conversions, highrises) Existing Home Sales (February 2008, units sold): 1529 Year Change -34.4% Existing Home Sales (February 2008, median price): $235,000 Year Change: -18.7% New Home Permits (February 2008): 391 Year Change -69.4% Rental Rate (MLS Monthly Average January 2008): $1511/month My analysis: Resale … (0 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley December 2007
- 01/03/08 02:58 PM
Economic Conditions for the Las Vegas Valley November 2007 Housing Conditions:
Foreclosure/Short Sale Listings (1/3/3008): Total Listings 23973; Foreclosures Commenced: 1244, 5% of all listings; Short Sales: 4131, 17% of all listings; Bank Owned Listings: 2183, 9% of all listings. New Home Sales (October 2007, units sold): 1170 Year Change -45.5% (excl condo conversions, highrises) New Home Sales (October 2007, median price): $298,056 Year Change -13.6% (excl condo conversions, highrises) Existing Home Sales (October 2007, units sold): 1529 Year Change -47.9% Existing Home Sales (October 2007, median price): $259,363 Year Change: -10.6% New Home Permits (October 2007): 1840 Year Change +114%Rental … (0 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley August 2007
- 08/25/07 12:42 PM
Housing Conditions:
Foreclosure/Short Sale Listings (8/25/2007): Total Listings (8/25/3007) 27,217; Foreclosures Commenced: 972, 3.6% of all listings; Short Sales: 2316, 8.5% of all listings; Both Foreclosures Commenced AND Short Sales: 420, 1.5% of all listings. New Home Sales (July 2007, units sold): 1257 Year Change -48.1% (excl condo conversions, highrises) New Home Sales (July 2007, median price): $314,551 Year Change -6.2% (excl condo conversions, highrises) Existing Home Sales (July 2007, units sold): 2101 Year Change -40.2% Existing Home Sales (July 2007, median price): $278,000 Year Change: -4.1% Single Family Residential Building Permits (July 2007): 851 Year Change -45%Rental Rate (MLS Monthly … (4 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley July 2007
- 07/26/07 12:09 PM
Economic Conditions May 2007
Housing Conditions:
Foreclosure/Short Sale Listings (7/26/2007): Total Listings (7/26/3007) 26,526; Foreclosures Commenced: 1224, 4.6% of all listings; Short Sales: 1903, 7.1% of all listings; Both Foreclosures Commenced AND Short Sales: 385, 1.5% of all listings. New Home Sales (June 2007, units sold): 1406 Year Change -56.5% (excl condo conversions, highrises) New Home Sales (June 2007, median price): $314,317 Year Change -6.9% (excl condo conversions, highrises) Existing Home Sales (June 2007, units sold): 2422 Year Change -43.3% Existing Home Sales (June 2007, median price): $278,000 Year Change: -4.1% Single Family Residential Permits (June 2007): 1261 Year Change -41.2%Rental Rate … (18 comments)
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economic conditions: Where is Your Slice of the Pie? July 2007 Las Vegas Valley Macro Markets Broken Down For You!
- 07/22/07 09:27 AM
July 2007 Las Vegas Valley Macro Markets Broken Down. All charts are listed on my website for your viewing.
Active Listings (green), Pending Contracts (yellow) and Sold (red) information was pulled from the Las Vegas Area MLS (GLVAR). Listings and Pendings as of 7/22/2007. Sold Information is from 6/10-7/10-2007. GLVAR deems information reliable but not guaranteed. Charts Prepared by Renee Burrows/Nevada Realty Solutions.
Chart 1: All Listings/Pendings & Solds
Listings = 26330 Pendings = 2825 Sold = 1791 Months Inventory = 14.7
Chart 2: All Single Family Residence Listings/Pendings & Solds
Listings = 20525 Pendings: 2289 Sold = 1455 Months Inventory = 14.1
Chart … (10 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley May 2007
- 05/29/07 08:15 AM
Economic Conditions April 2007
Housing Conditions:
Foreclosure/Short Sale Listings (5/23/2007): Total Listings (5/23/3007) 24,996; Foreclosures Commenced: 911, 3.6% of all listings; Short Sales: 1353, 5.4% of all listings; Both Foreclosures Commenced AND Short Sales: 284, 1.1% of all listings. New Home Sales (April 2007, units sold): 1,162 Year Change -46.9% (excl condo conversions, highrises) New Home Sales (April 2007, median price): $313,000 Year Change -10.7% (excl condo conversions, highrises) Existing Home Sales (April 2007, units sold): 2353 Year Change -36.6% Existing Home Sales (April 2007, median price): $285,000 Year Change: .5% Single Family Residential Permits (April 2007): 1587 Year Change -22.9%Rental Rate (MLS … (6 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley April 2007
- 04/14/07 08:27 AM
Economic Conditions for the Las Vegas Valley March 2007Housing Conditions:
Foreclosure/Short Sale Listings (4/14/2007): Total Listings (4/14/2007) 23,675; Foreclosures Commenced: 806, 3.4% of all listings; Short Sales: 1104, 4.7% of all listings; Both Foreclosures Commenced AND Short Sales: 305, 1.2% of all listings. New Home Sales (February 2007, units sold): 1,142 Year Change -47.3% (excl condo conversions, highrises) New Home Sales (February 2007, median price): $330,070 Year Change -4.4% (excl condo conversions, highrises) Existing Home Sales (February 2007, units sold): 2,332 Year Change -27.2% Existing Home Sales (February 2007, median price): $289,000 Year Change: 2.5% Single Family Residential Permits (February 2007): 1170 Year … (0 comments)
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economic conditions: Economic Conditions for the Las Vegas Valley March 2007
- 03/14/07 04:55 AM
Economic Conditions February 2007
Housing Conditions: Foreclosure/Short Sale Listings (3/14/2007): Total Listings (3/14/2007) 21,717; Foreclosures Commenced (listings 3/14/2007) 645, 2.9% of all listings; Short Sales (listings 3/14/2007) 913, 4.2% of all listings; Both Foreclosures Commenced AND Short Sales (listings 3/14/2007) 285, 1.3% of all listings. New Home Sales (January 2007, units sold): 1,610 Year Change -22.1% (excl condo conversions, highrises) New Home Sales (January 2007, median price): $335,054 Year Change -2.4% (excl condo conversions, highrises) Existing Home Sales (January 2007, units sold): 2,423 Year Change -25.6% Existing Home Sales (January 2007, median price): $280,000 Year Change: -1.8% Single Family Residential Permits (January 2007): 1147 Year Change -46.2% … (0 comments)
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